FROM Steve Bartlett
America's Economic Resilience Former chief executive Bill Clinton has been campaigning for current President Barack Obama, but Clinton’s latest comment on the economy might not help Obama in the November election. As bad news piles up, more and more people are taking a dim view of America’s economic prospects. Is it really that bad? We hear that there is another side to the story.
Is There Good News about the Economy? Former chief executive Bill Clinton has been campaigning for current President Barack Obama, but Clinton's latest comment on the economy might not help Obama in the November election. As if to prove the point, the Labor Department announced today that American productivity fell by 0.9 percent , slightly more than had been anticipated. Yet, despite high unemployment, low home sales, troubles in Europe and a drop in consumer confidence, the US economy still has strength and resilience. Some economists say the half-empty glass is also half full, as major corporations stop out-sourcing jobs and start bringing them back to America. That doesn't mean there won't be trouble ahead. Economics is still the "dismal science." We hear about some hopeful signs and the importance of government action.
Why Don't Facts Matter? "Fake News" may have a long history, but social media and 21st Century politics have brought it front and center. One reason for its appeal and its power is the tendency of so many people to cling to their beliefs — even when confronted with contradictory evidence. Today, another look at the Emotional States of America.
The US gets deeper into Middle East wars. What's the endgame? President Trump welcomed Egypt's President Abdul Fattah al-Sisi to the White House today… just one of the changes in America's approach to the Middle East since Barack Obama left office. We hear about that and the escalation of warfare as well as civilian casualties.